LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1214 (EIN 610366884) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1939

Legal Domicile

Principal Officer

TERRY BLADES

Phone

2704423434

Tax Period

2024-01-01 to 2024-12-31

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1214, founded in 1939, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Expenses of $933K left a modest 11% surplus.

Mission

FOR THE WELL-BEING OF ITS MEMBERS THROUGH COLLECTIVE BARGAINING, CONTRACT ADMINISTRATION, ORGANIZATION AND PROMOTING BETTER WORKING WAGES AND CONDITIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $182,473

Program Service Revenue $843,150

Investment Income $11,502

Other Revenue $6,591

TOTAL REVENUE $1,043,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,891

Fundraising Expenses $0

Other Expenses $475,696

TOTAL EXPENSES $932,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,043,716	$971,028	+0.1%
Expenses	$932,587	$699,261	+0.3%
Net Income	$111,129	$271,767	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$198,512

Total Directors

$198,512

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GOSSOM	PRESIDENT	40.00	Officer Director	$74,073	$0	$74,073
BOBBY PUCKETT	VICE PRESIDENT	1.00	Director	$0	$0	$0
JONATHAN HARNED	RECORDING SECRETARY	1.00	Director	$0	$0	$0
TIM DOWNS	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
MIKE ROSE	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
TRAVIS ADAMSON	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
CHAD MAPLE	SEARGEANT-AT-ARMS	1.00	Director	$0	$0	$0
TERRY BLADES	BUSINESS MANAGER	40.00	Officer Director	$124,439	$0	$124,439
KENNY CRAWFORD	AUDITOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,043,716	$932,587	$1,667,817	$111,129
2023	$971,028	$699,261	$1,557,271	$271,767
2022	$669,093	$612,307	$1,272,856	$56,786
2021	$599,082	$601,949	$1,230,345	$-2,867
2020	$694,684	$608,094	$1,193,075	$86,590
2019	$732,917	$716,714	$1,106,284	$16,203
2018	$661,978	$790,626	$1,090,987	$-128,648

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 1214